Gric Coin - Increasing Food Product
This project established a company in Africa, Africa has about 51 million farms of which about 80% are smaller than 2
acres in size, as per the research study conducted by Lowder, Skoet & Raney in 2016. Most of these farms are poorly managed due to lack of finance, and in most cases do not have the facilities to process their produce. Consequently, they end up selling their produce with very low margin to the big farms or the industries that process these items and make more profit from it.
acres in size, as per the research study conducted by Lowder, Skoet & Raney in 2016. Most of these farms are poorly managed due to lack of finance, and in most cases do not have the facilities to process their produce. Consequently, they end up selling their produce with very low margin to the big farms or the industries that process these items and make more profit from it.
The African agricultural market is like a virgin market waiting to be tapped. According to Africa Agricultural Status Report 2017, the African food market continues to grow at a robust basis. The World Bank estimates show that it will worth US$1 trillion by 2030, up from the current US$30-50 billion. This projected growth is so large that any firm that goes into farming with the right strategy will have very big opportunities for growth, expansion and profit making. The African continent holds the world's largest proportion of agricultural land with 1.2 million hectares of land, as per telegraph.co.uk. Annually, Africa imports food worth over $35 billion, and this estimate is expected to rise to $110 billion by 2025. Most of the food items imported are the ones that can be processed locally. But this needs proper resources and facilities with commensurate investments. Businesses are waking up to the opportunities presented by a rapidlygrowing food market in Africa, that may be worth more than US$1tn each year by 2030 as imports are substituted with high-value locally-produced food as per the Africa Agriculture Status Report. According to the report, agriculture will be Africa’s quiet revolution, powered by the smart investments in the food system.
Advantages:
_ The global computer network uses blockchain technology to jointly manage database records of Gric transactions.
Gric is a decentralized digital currency, a secure payment platform that everyone can use.
_ Has good quality performance in all qualities compared to competitors
Anyone, from any country, of any age, can use, buy, sell Gric within minutes.
Team:
The Gric-Coin team combines passion for technology, and we have talented, experienced and talented people who make the project as well as the experts ready to give it. advise us
GRIC COIN UTILITY PROJECT
In the last quarter of 2019, we will improve our Farmpartner.ng stage, make an application for it and make it available to financial specialists to invest in living agricultural projects with Gric Coin, get local farmers to do hard work and pay back their speculators . agreed initial investment and return on investment.
ICO Details
- Name: Gric Coin (GC)
- Type: ERC20
- Platform; Ethereum
- Exchange Rate: 1 GC = 0.007 USD
- Currency Received: ETH, BTC, LTC, ETC, XRP
- Minimum Purchase: 2500 GC
- Starting: November 1 (00:00 GMT)
- End: November 31 (23; 00 GMT)
- Soft Cap: 1,000,000 USD
- Hard Cap: 25,000,000 USD
The cryptocurrency market
The cryptocurrency industry has been revolutionary and trailblazing in its formative years. The number of active cryptocurrencies has crossed the landmark of 2000. The total market capitalization of cryptocurrencies is above the $250 billion mark. The total value of daily transactions in the cryptocurrencies is around the $10 billion mark. The cryptocurrency market has shown a meteoric rise in the value and volume, particularly since 2016.
The biggest challenge to cryptocurrency use is the unstable nature of its prices. The cryptocurrency market saw a great increase in its market cap between 2016 and 2017. But, there have been large fluctuations in their values since December 2017. The price of Bitcoin has risen astronomically over past years with a great deal of volatility. Bitcoin prices, for instance, recently declined from $19,500 to $6,500 over a period of four months. However, the cryptocurrency markets have exhibited some sort of stability in the last couple of months. This is a positive for the new ICOs and cryptocurrencies, as well as the ICO founders and the entrepreneurs.
Goal
We have strategically set the funding goal for the crowdsale. Through our Pre-ICO and ICO, we aim to raise funds between $10,000,000 and $25,000,000 for our agricultural and farming project.
Token Allocation
70% of all coins are available for purchase during the ICO. The details of
the token allocation of Gric are as follows:
The token allocation of Gric in absolute numbers is as follows:
All the information I wrote above, it is a picture of a special project, if you want to understand more, you can watch the video below. Enjoy!!!
For Social Media information, you can see below !!!
Website : https://agric.io/
Facebook : https://www.facebook.com/griccoin/
Twitter : https://twitter.com/griccoin
Telegram : https://t.me/griccoin1
Posted by : Faisdsoul05
Bitcointalk url : https://bitcointalk.org/index.php?action=profile;u=2397463;sa=account
MEW : 0xcED5C28455E4c10B35339E673222a5C8A8A79E4A
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